emergency

An Emergency Fund for Life’s Unexpected Expenses
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial PlanningComments are off for this post
One of the first lessons of finance we are taught, by our parents or through some basic personal finance course, is to make creating an emergency fund our top priority. Having a reserve of cash equivalent to six to 12 months’ worth of living expenses is considered the most fundamental principle of financial security. Yet,  Read More →
Do You Have an Emergency Fund?
Team SummitEmployee Financial Resource Center, Financial PlanningComments are off for this post
If you had an unexpected emergency expense of $400, would you be able to pay for it? If your answer is no, you’re not alone. Forty-six percent of Americans said they would have difficulty with an emergency expense of $400.¹ Furthermore, 140 million Americans have little or no savings at all.² With an emergency fund  Read More →

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